![]() ![]() I did this for the apes, and I have updated the table and chart to include current numbers & the addition of the cats. One metric I use to determine the strength of a project is the % of unique holders, or the average NFTs per holder. Not to mention there are plenty of apes like me who also love the cats. Cats were perfectly positioned to create a new community out of these people. I wrote about why I think the market was ripe to jump on the cat bandwagon in this twitter thread but the cliff notes version is that there are a lot of people who feel like they missed out on the BAYC bandwagon and are now priced out of jumping on. One of the most notable/interesting things with GutterCats is that their mint count was significantly lower than any other similar project, and the mint price was also on the low end being at 0.07. It’s still a bit too early to tell how the cats are going to play out but we can look at everything that has happened since launch (and even pre-launch) and try and make some educated guesses. There is value in being a part of a community, but only if that value is created by the community members and the team behind it. I’ve said it before and I’ll say it again: I think NFT avatars are a multi billion dollar industry, and this is just the beginning. There is room for more than one successful avatar project in this space. The BAYC clearly have a winning formula, so why not copy them (or to phrase it more kindly: “take inspiration from them”). The concept is essentially a complete knock-off of the Bored Apes - a bunch of NFTs that can double as avatars as well as serving as some sort of membership to a club or community, with full rights granted to the owner. Ownership includes creative & commercial rights of your Gutter Cat as well as initiation into the Gang. The Gutter Cat Gang is a collection of 3000 unique Gutter Cat NFTs who live in the post-apocalyptic shatters of society on the ETH blockchain. One crime-ridden, nondescript inner city is inhabited by a group of cats collectively known as the Gutter Cats. Humans are an interplanetary species and have all but abandoned the post-apocalyptic shatters of society on earth. Here is how they describe themselves on their website : You’re forgiven if you don’t know what the Gutter Cat Gang is because they are very new to the NFT space, although they made one hell of an entrance. in the year 2050… and this is basically my full time job now. I just had a look at the picture above and I thought to myself: what on earth has my life become? I’m sitting down to write an in-depth letter on a whirlwind 48 hours surrounding digital cats.
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